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Was appropriated by the board of supervisors under the sfpuc water system improvement program. We recommend that you approve this resolution. Okay. Thank you mr. Rose. Colleagues any questions . We will move on to Public Comment. Anyone wishing to comment on item 10 . Okay. Seeing none. Public comment is now closed. Colleagues can i have a motion to move this forward. So moved. Motion by supervisor tang. We can take it without objection. Madam clerk call item 11. Item 11 requisition of the Real Property at 490 south van ness, the Purchase Price of 18,500,000. Okay. We have the Mayors Office of housing here. Hello. The res before you is approve the acquisition of Real Property at 490 south van ness from the south v ....
General fund will not receive the transfer tax revenues for this transaction so our recommendation on page 29 is we recommend that you amend the proposed resolution to specify the Purchase Price with a credit as listed to reflect the citys exemption of paying the citys Real Estate Property transfer tax and result in adjusted city cost as listed and we recommend that you approve the proposed resolution as amended. Okay. Thank you mr. Rose. Colleagues any questions for mr. Rose or our team . Okay. We will move on to Public Comment. Anyone wish to comment on item 11 . Seeing none. Public comment is now closed. [gavel] colleagues do we have the budget Analyst Recommendations in front of us and under line item. Through the chair i make a motion to amend th ....
Thank you mr. Rose. Anyone wish to comment on Public Comment . Seeing none. Public comment is now closed. Colleagues can i have a motion to send this forward. So moved. Moved by supervisor mar. We will take this without objection. Madam clerk call item 7. Item 7 is Lease Agreement and lease between the Hudson Group Retail in Square Footage and concession space and minimum annual guarantee of 555,000 for the board. Colleagues we will continue this item and first we will open it up to Public Comment. Anyone wish to comment on item 7 . Seeing none. Public comment is now closed. [gavel]. Can i have a motion to move this item . So moved. Madam clerk can you call item 8. Item 8 is lease amendment lease bayport ....
Item 1 hearing hearing to consider the release of reserved funds, Arts Commission to build out the secure basement Storage Space and related location costs for the citys civic Art Collection. Great. We have tom mckinney here. Good morning supervisors. As you know it will move to the Veterans Building in september of this year and our request is for the release of reserve funds for 50,000 to complete the move of the Art Collection to the war memorial. We are glad that the Capitol Planning Committee has allocated a historic amount for the Art Collection and afford us to the opportunity to ....